Turkey’s stuttering economy, shifting PV policy landscape, and the fruitless YEKA tenders have undermined the country’s solar progress, even though it was considered Europe’s most promising market as recently as two years ago. But its rooftops could still bloom if new regulations that will be issued in May manage to make solar attractive to both businesses and households alike.
Greece held its last round of renewable energy tenders in Athens on Thursday, resulting in the lowest tariff ever awarded to a renewable energy project in the country.
The German manufacturer has started to produce its first commercial storage systems at its new plant under strict safety precautions due to the ongoing Covid-19 pandemic. The facility’s current annual capacity is set at 255 MWh, but the company aims to eventually expand that to 1 GWh.
Research by Green Energy Markets shows that the Australian rooftop PV market remained healthy throughout the first three months of 2020. According to STC data, more than 30,000 rooftop installations were registered in the month, for a total of close to 250 MW of capacity. And then came Covid-19.
The shortlisted developers are EDF, Total, ACWA Power, Masdar, First Solar, Marubeni, and Al Blagha Holding.
In a recent chat with pv magazine, Jason Tundermann – vice president of business development at U.S. trading advisory service LevelTen Energy – predicted a better-than-expected scenario for corporate clean-energy PPAs on the Old Continent. He said the net value of long-term PPA offers has not dropped dramatically, offering hope to corporate buyers.
The so-called Optiverter is an all-in-one residential solution developed by startup Ubik Solutions and researchers from Estonia’s TalTech Power Electronics Research Group. The developers claim that the new solution can provide 30% more power than traditional microinverters under partially shaded conditions.
Yinson will pay Rs 554 million ($7.3 million) for a stake in New Delhi-based Rising Sun Energy, which operates two PV plants in the massive Bhadla Solar Park in the Indian state of Rajasthan.
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